Growing Residential & Commercial Property Restoration Service Provider

Mississippi
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Asking Price:$3,500,000
Gross Revenue:$6,500,000
Cash Flow:$950,000
EBITDA:$950,000
BUSINESS DESCRIPTION

This franchise property restoration service provider specializes in catastrophe mitigation and reconstruction for both residential and commercial clients. Based in the South, the company operates to provide local, quality service to nearby homeowners and commercial properties.

With nearly 8 years of experience, the business provides a wide range of restoration services, including reconstruction, contents cleaning, mitigation, mold remediation, and property improvement.

With growing revenue and healthy profit margins, the company generates the majority of its revenue from established insurance partnerships and brand equity in the community along with commercial service contracts. The customer base is mainly in residential services with a measurable amount still coming from commercial projects. They have strategic relationships with insurance carriers which contribute to reliable revenue stream.

Supported by an experienced team of 24 full-time employees, the franchise location is well-positioned for growth and expanding service areas to meet the rising demand for restoration services across their regional area and beyond.


DETAILED INFORMATION
Location
Mississippi
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
12,500
Employees
24
Facilities
The business rents its office and warehouse. Total amount of leased space is approximately 17,000 SF of both office space & warehouse space for contents cleaning, contents storage, equipment storage, and material staging.
Competition
The business is strongly favored over competitors due to its strong, more diverse range of services amongst a variety of client types from residential to commercial and industrial. The company stands out by prioritizing exceptional client service and fostering long-term relationships, ensuring continued success and differentiation in the industry. The Southern states frequently face extreme weather, including tornadoes and flooding, due to high climate vulnerability.
Growth & Expansion
The fastest-growing cities are located in the South, and this geographic shift presents significant opportunities for restoration companies. As these areas expand, the demand for restoration services will likely increase, providing growth potential for businesses in this sector. The business has the opportunity to take a larger market share of storm damage repairs be extending its reach in times of need.
Support & Training
The franchisor will support the new owner through mandatory owner's school training, an assigned Regional Business Consultant, and Marketing Assistance. The local owner would be willing to stay on for a period of 3-6 months to facilitate a smooth transition.
Reason for Selling
Retirement / Other Interests
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Watercress Capital